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STEPAN CO — Director's Dealing 2011
Feb 22, 2011
32175_dirs_2011-02-22_23fd9994-3a5d-4100-a60c-edbfad84288f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2010-03-15
Reporting Person: HURLBUTT JAMES E (V.P. & Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-03-15 | Share Units | $ | A | 38.506 | Acquired | Common Stock (38.506) | Direct | |
| 2010-06-15 | Share Units | $ | A | 29.472 | Acquired | Common Stock (29.472) | Direct | |
| 2010-09-15 | Share Units | $ | A | 34.730 | Acquired | Common Stock (34.730) | Direct | |
| 2010-12-15 | Share Units | $ | A | 29.831 | Acquired | Common Stock (29.831) | Direct |
Footnotes
F1: Share Units are acquired under the Management Incentive Plan Amended and Restated as of January 1, 2010 ("Plan"), a nonqualified deferred compensation plan which allows Plan participants to elect to defer all or a portion of their deferred compensation into accounts pursuant to Plan provisions.
F2: Share Units convert on a one-for-one basis into Common Stock.
F3: Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the Plan, generally payable at end of employment, unless otherwise elected.
F4: Price reported is the price of Common Stock on the date the dividend equivalents are payable pursuant to a dividend equivalent feature of the Plan.